Mr. Jeff Morgan reports

AMERITRUST ANNOUNCES RESIGNATION OF DIRECTOR

Ameritrust Financial Technologies Inc. board member and audit committee member Steven Lee has resigned from the board of directors of Ameritrust, effective immediately, for personal health reasons.

Jeff Morgan, chief executive officer of Ameritrust, commented:

"On behalf of the board of directors and all employees of Ameritrust, I would like to personally thank Steven for his many years of service and significant contributions to the company. Steven has provided invaluable support and guidance to me over the past few years. In his resignation letter, Steven commented that he remains supportive of Ameritrust and that he sincerely believes in the company's potential and the opportunities ahead. We respect Steven's decision to step down for personal reasons and wish him all the best."

The company will evaluate the composition of its board of directors and will provide further updates regarding any future board appointments as appropriate.

About Ameritrust Financial Technologies Inc.

Ameritrust Financial Technologies, listed on the TSX Venture Exchange, OTCQB and Frankfurt Stock Exchange, is a finance solution and fintech provider disrupting the automotive industry. Ameritrust's integrated, cloud-based transaction platform facilitates transactions among consumers, dealers and financiers. Ameritrust's platform is being made available across the United States.

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